Land Securities has announced that Simon Palley (52) will join the board as a non-executive director on I August 2010. Palley has a long track record in investment banking, consulting and private equity. He started his career at Chase Manhattan before moving to Bain & Company.

He joined the Bankers Trust in 1988 where he was a Vice President before moving to BC Partners in 1990, a private equity firm where he stayed for 17 years rising to managing partner.

Palley holds non-executive roles in two private businesses, Haymarket Financial (a specialist UK Corporate lending institution) and Regency Entertainment (a Greek casino operator). He is also a Trustee of the University of Pennsylvania.